Tesla Autopilot crashes and recall raise questions about federal oversight

Carl Hunter was driving his Tesla Model S home on a highway northeast of Seattle last month. The Autopilot system was turned on and he was looking at his phone,…

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Talent war between family offices and Wall Street drives up salaries

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to…

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Short-term inflation gauge slows by another 1%

KARACHI: The short-term inflation decelerated by another one percentage point week-on-week on the back of falling food and energy prices, maintaining its downward trend for the third consecutive week. According…

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IDBI Bank Registers 44% Jump In Net Profit For Jan-March Quarter

IDBI Bank’s provisions on bad debts written off came down sharply to Rs 1,049 crore from Rs 3,587 crore in the same quarter of the previous year.  Source link

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Investor’s Lawsuit Accuses 777 Partners of $600 Million Fraud

The American investment firm 777 Partners, whose bid to buy the English Premier League soccer team Everton has been on hold for months amid doubts about the company’s finances, was…

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Birla Corporation Q4FY’24 net profit up by 127% to Rs 193 crore

KOLKATA: Cement major Birla Corporation Ltd announced a sharp jump in its consolidated net profit to Rs 193 crore, up by 127 per cent, for the quarter ended March 2024….

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How much salary increase can govt employees expect this year in Pakistan?

ISLAMABAD – The budget preparation exercise for FY 2024-25 is underway as federal government and provinces are chalking out projection of revenues and expenditures. Ahead of the budget, all eyes…

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Start-ups offer innovative databases to help parents seeking childcare

Businesses are partnering with states to make it easier for families to find available slots in an industry ripe for disruption Source link

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Star Wars was the first Lego license — 25 years later, it’s stronger than ever

Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023. Anadolu | Anadolu | Getty Images If you are a Star…

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ADB, donors pledge $5b in grants

KARACHI: The Asian Development Bank (ADB) and donors have pledged $5 billion in grants for member countries to combat vulnerabilities like climate change, natural disasters, poverty, and gender gaps over…

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Gold prices in Pakistan continue to drop

Gold prices continued to slide downward in Pakistan for the sixth successive session on Saturday. Gold price per tola hit Rs238,000 after a single-day fall of Rs1,600. The 10-gram gold…

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Centre Lifts Ban On Onion Export, Fixes MSP To Woo Farmers, Traders Ahead Of Phase 3 Polling In Maharashtra | Economy News

New Delhi: The government announced that it had lifted the ban on onion exports on saturday. The decision is expected to greatly benefit traders in Maharashtra. However, the government has…

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Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers

Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the…

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India and China added 60% of global central bank gold purchase in March

NEW DELHI: The Reserve Bank of India added 5 tons of Gold to its reserves during March. The gold reserves of the central banks worldwide reported a net increase in…

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Changan Oshan X7 New Price in Pakistan after Big Drop in rates

LAHORE – After Suzuki, KIA, Peugeot and other automakers, Changan Motors also passed on relief to masses, cutting the price of its mid-size crossover Oshan X7. Changan made the announcement…

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Amid protests, university funds show few direct Israel, defense ties

As some universities strike deals with pro-Palestinian student groups to discuss calls for school endowments to stop investing in Israel and defense stocks, an examination of available public documents by…

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Dave & Buster’s plan to allow betting on arcade games draws scrutiny

A Dave & Buster’s location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on Saturday, March 30, 2024.  Bing Guan | Bloomberg | Getty…

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Auctions of seized vehicles under scrutiny

ISLAMABAD: Smuggled vehicles confiscated by the Customs Department, a subsidiary under the Federal Board of Revenue (FBR), are being auctioned at prices below the reserve price established for the auctions….

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RBI Tweaks Rules To Cut Risk Banks Face In Exposure To Capital Markets | Economy News

New Delhi: The RBI on Friday tweaked rules to reduce the risk faced by banks in their exposure to capital market in the case of issue of Irrevocable Payment Commitments…

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Calls to Divest From Israel Put Students and Donors on Collision Course

Desperate to stem protests that have convulsed campuses across the country, a small number of universities have agreed to reconsider their investments in companies that do business with Israel. The…

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